bounce: comments please, page-52

rrr.you bloody clowns
Really gann those clowns are right and you are wrong.
Skipped through the thread and before you read that managerial economics master the three rs
reading- perhaps you havent read the zfx reports of their earnings or the share price-for the record earnings
are 1.53 per share (half year only)and price 17.25 to nearest quarter
rithmatic ----ratio =given no divided by another given no
Now if you take the price and divide by half year earnings it comes close to your 12.Does this mean ZFX
earned nothin last half or will;l earn nothing next half.
riting-unfortunately there is no drivelcheck on most word programs.
Dividends - irrelavant.Whether they put it my pocket as shares or increased share value is theoretically immaterial (I can either buy more shares to counter a divvy or sell shares to pay for non dividend payment)
In practice the taxman makes a difference.
I need cash without paying 47c in the dollar
ZFX divvy payment does this admirably
I also do not like leaving my money with company employees who will only earn 20% on it in a year like this- the last zfx dividend I received has doubled as a reincarnated nickel share

Growth - a company whos share value was $1.2 earlier this decade and now pays that as a dividend cant be that bad.